The US tech scene is becoming decentralized — the time is ripe for new startup cities - The Fact Factory

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Monday, 7 February 2022

The US tech scene is becoming decentralized — the time is ripe for new startup cities


It’s no big secret that the US tech hubs of yore – San Francisco, New York, and Silicon Valley – have been facing increasingly stiff competition over the past decade when it comes to attracting the hottest new tech startups and scaleups. While the relative contribution of those cities in terms of newly created unicorn companies peaked in 2014, the rest of the US steadily accumulated more VC funding, leading to faster growth of new tech hotspots. All over the continent and the globe, new tech hubs are emerging, each with their own specializations, ecosystems, and unique features for attracting fledgling…

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